Insurance for Aluminum Wiring
I just bought a 5 unit home that has aluminum wiring and I can't find an insurance company who will insure me. They keep telling me to update to copper but in my research I've done and when talking to other real estate investors they said that aluminum wiring isn't dangerous in itself, what's dangerous is when the connections get loose. They suggested tightening all the connections in the home so that wiring isn't loose anymore. But no insurance companies seem to accept that as a form of fire prevention.
Do you suggest redoing the wiring? Or do you know of any insurance companies that will cover aluminum wiring, even if the premium is higher?